Nigerian Stock Exchange Trades 148.45m Shares The Nigerian Stock Exchange (NSE) on Friday moved a turnover of 148.45 million shares worth N1.08 billion exchanged by investors...
Budget: FG Spends N3.6tn Nigeria has so far spent N3.577 trillion out of the full year’s budget of N6,060 trillion for the 2016 fiscal year. This...
Power Sector Loses 3,946MW to Constraints The Nigeria Electricity Supply Industry (NESI) yesterday said it lost a total of 3,946 Mega Watts (MW) to gas and...
Diamond Bank Records Growth in Q3 2016 Diamond Bank says it recorded moderate growth in key financial parameters in the third quarter of 2016. At the...
Detained Ex-minister, Obanikoro Refunds N100m to EFCC The detained former Minister of State for Defence, Sen.Musiliu Obanikoro, has refunded the sum of N100m to the Economic...
Gurara Hydro Power Plant to Generate 30 Megawatts The completion of the Gurara Hydro Power Plant in Kaduna State would generate additional 30 megawatts, the Minster...
Nigeria Lost N2tn to Militancy, Pipeline Vandalism The Nigerian National Petroleum Corporation said from January 2016 till date, government lost $7bn, about N2.1tn, to the activities...
Low Oil Prices Hit ExxonMobil, Chevron Earnings Low crude prices and weak refining margins weighed on third-quarter profits at US oil giants ExxonMobil and Chevron Friday....
30 Percent of Forex Spent on Fuel Imports The Minister of Finance, Mrs. Kemi Adeosun, on Friday said that 30 per cent of the Nigeria’s demand for...
FG seeks $1.8bn for Rehabilitation of Refineries The Federal Government will be spending between $1.4bn and $1.8bn to rehabilitate the nation’s refineries within two years in...
